NOT LISTED FOR SALE

51 S Mountain Ave Ashland, OR 97520

Central Ashland Neighborhood

Estimated Value: $534,000 - $621,375

3 Beds
2 Baths
1,196 Sq Ft
$474/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $450,000 $376 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,524/month

150 Days on Market

Highlights

  • Earth Advantage Certified Home
  • Contemporary Architecture
  • Vinyl Flooring
  • Walker Elementary School Rated 10
  • Cooling Available
  • Heat Pump System

About This Home

As of November 2020

Phillips Corner-Urban Living near the Downtown Ashland Core! Rents are $2700/mo. Well-designed contemporary 2 bedroom, 1 bath zero-lot line home with attached 1 bedroom, 1 bath ADU above. Comes with two nicely appointed kitchen/dining/living spaces, high-quality interior finishes, nice views, small balcony/deck, attached one-car garage and one dedicated uncovered parking. These are perfect for owner/occupy with guest quarters, small investor rental units, 1031 exchanges, & they qualify for FHA, VA & single-family financing, too! Earth Advantage Certified means high quality, energy-saving features, including mini-split HVAC units, on-demand tankless gas water heaters, & high-efficiency windows & insulation to save money. Near the Shakespeare Festival, Southern Oregon University, parks, walking/biking paths & all of Ashland's world-class amenities. $110 monthly HOA fee covers driveways & common areas.

Last Agent to Sell the Property

Rick Harris

John L. Scott Ashland Brokerage Phone: 541-951-2323 License #890100068 Listed on: 03/30/2020

John L. Scott Ashland

Co-Listed By

Rachelle Beveridge

John L. Scott Ashland Brokerage Phone: 541-951-2323 License #201208296

Last Buyer's Agent

Rick Harris

John L. Scott Ashland Brokerage Phone: 541-951-2323 License #890100068 Listed on: 03/30/2020

John L. Scott Ashland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,689

Year Built

  • Built in 2019

Lot Details

  • 1,307 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Vinyl Flooring

Eco-Friendly Details

  • Earth Advantage Certified Home

Schools

  • Walker Elementary School
  • Ashland Middle School
  • Ashland High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Exclusions: Tenant property
  • Assessor Parcel Number 11008354

Community Details

Overview

  • 2 Units
  • Phillips Corner Pud Subdivision
  • On-Site Maintenance
  • Maintained Community

Building Details

  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,689

Year Built

Built in 2019

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Architectural Style: Contemporary
  • Directions: Corner of East Main and North Mountain
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.03
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: Phillips Corner Pud
  • Year Built: 2019
  • Attribution Contact: 541-951-2323
  • Total Gross Income: 32400.0
  • Co List Office Mls Id: orJLSASH
  • Co List Office Phone: 541-488-1311
  • Co List Office Phone: 541-488-1311
  • Outside Inclusions: 2R/O, 2DW, 2Microw, 2Frig, 2 W/D
  • MLS Status: Closed
  • ResoBuildingAreaSource: Builder
  • General Property Information Elementary School: Walker Elem
  • General Property Information Middle Or Junior School: Ashland Middle
  • General Property Information High School: Ashland High
  • General Property Information:Zoning2: R-3
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Slab: Yes
  • Green Building Verification Type Earth Advantage: Yes
  • Levels Three Or More: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Concrete, Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: Tenant property
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Amenities: Landscaping
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 110.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Landscaping: Yes

Schools

  • Elementary School: Walker Elem
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: 11008354
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4688.51
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Oct 30, 2020
Sold by
Ten Sity Eight Llc
Bought by
Roberts Kenneth James and Roberts Kenneth Edward
Seller's Agent
Rick Harris
John L. Scott Ashland
Buyer's Agent
Rick Harris
John L. Scott Ashland
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$567,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,344
Avg. Annual Appreciation
4.76%
Original Mortgage
$200,000
Outstanding Balance
$178,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$389,053
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roberts Kenneth James $450,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Kenneth James $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $450,000 0.0% $376 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $450,000 -- $376 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,333 $343,970 $121,120 $222,850
2024 $5,333 $333,960 $117,590 $216,370
2023 $5,159 $324,240 $114,170 $210,070
2022 $4,994 $324,240 $114,170 $210,070
2021 $4,824 $314,800 $110,850 $203,950
2020 $4,689 $305,640 $107,620 $198,020
2019 $1,343 $83,837 $26,807 $57,030
Source: Public Records

Agents Affiliated with this Home

  • Rick Harris

    Seller's Agent in 2020

    Rick Harris

    John L. Scott Ashland

    (541) 840-2266

    10 in this area

    165 Total Sales

    Rick Harris
    Section Image
  • Rachelle Beveridge

    Seller Co-Listing Agent in 2020

    Rachelle Beveridge

    John L. Scott Ashland

    (541) 778-9608

    10 in this area

    138 Total Sales

    Rachelle Beveridge
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 103012067

Oregon Datashare

APN: 11008354

Oregon Jackson County Ashland 97520 Central Ashland

51 S Mountain Ave, Ashland, OR

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